Qatar records 52.5 million payment system transactions worth QR16.137bn in August

DOHA: Qatar s payment system witnessed around 52.549 million transactions valued at QR16.137bn in August this year. In a post on its X platform yes...

DOHA: Qatar’s payment system witnessed around 52.549 million transactions valued at QR16.137bn in August this year.

In a post on its X platform yesterday, Qatar Central Bank (QCB) stated that the total value of transactions across various payment systems reached QR16.137bn during August 2025 with a total volume of 52.549 million transactions.

It also highlighted the share of each payment channel including point of sale transactions which accounted for 51 percent, e-commerce for 26 percent, mobile payment systems accounted for 2 percent, and the ‘Fawran’ instant payment service for 21 percent.

Fawran is an innovative and advanced service aligned with the Third Financial Sector Strategic Plan. This service comes as part of QCB’s ongoing efforts to develop the payment systems infrastructure and keep pace with the latest developments in the field of electronic payment systems and money transfer.

QCB’s innovative instant payment service ‘Fawran’ aims to develop a digital payment ecosystem in the country. The system has proven its efficiency in facilitating and improving payment processes by reducing the time required to transfer money between individuals and companies in Qatar.